Here’s a quick summary of what has happened around the world over the last 24 hours, brought to you exclusively by British Herald.
As we’ve quickly approached Brexit Eve, Britain finally leaves the European Union and British Prime Minister Boris Johnson said that he would be respectful in his celebrations considerate of the fact that Brexit still divides the UK. In a live Facebook broadcast, Johnson said that he will be making a dignified exit from the EU.
The United Kingdom leaves the European Union an hour before midnight on Friday, casting off into an uncertain Brexit future that also challenges Europe’s post-World War Two project of forging unity from the ruins of conflict. After the twists and turns of the Brexit crisis, the country’s most significant geopolitical move since the loss of empire could be an anticlimax of sorts: a transition period preserves membership in all but name until the end of 2020. A shift in banking and trading from London to the European Union after Brexit could mean a loss of 3-5 billion pounds a year in taxes.
Countries began isolating hundreds of citizens evacuated from the Chinese city of Wuhan in an effort to stop the spread of an epidemic that has killed 170 people, but anger and fear is growing amid demands that the virus be kept at bay.
South Korea called for calm in the face of protests at a proposed quarantine centre, while trade unions in Hong Kong have threatened strikes unless the border between the city and mainland China is sealed.
Asian stocks and currencies fell as the death toll rose and more cases were reported around the world, fuelling concern that China, the world’s second-largest economy, may be hit hard.
“Markets will remain highly volatile as long as they feel that they only have an incomplete picture of what is going on, and what is going to happen next,” said Agathe Demarais, global forecasting director at the Economist Intelligence Unit.
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Stay tuned for our daily roundup tomorrow!